MGM Advantage split confirmed

CRO David Gulland to head closed-book business


Friends Life's Mark Versey: "Infrastructure is now a core investment strategy"

Friends Life is now directly investing in both infrastructure and commercial real estate debt after awarding combined mandates of £1bn this year. Jamie Bullen asks chief investment officer Mark Versey what lies behind this new strategy


Friends Life awards £500m infrastructure mandate to MetLife

Infrastructure assets will be long-term UK based senior loans


UK bulk annuity market heading for 2014 capacity crunch

Expected quiet fourth quarter this year could throttle market in 2014


Old Mutual confirms exit from IMAP

But will continue to use internal model for managing the business


Solvency II to cost twice as much as Crossrail

FSA's SII budget is also "staggering", Andrew Bailey tells MPs


SII delay will fuel IMAP drop-out

But FSA reiterates January 2014 implementation date


Why CROs need broad business skills

Rosie Harris, CRO of Friends Life, has held a variety of roles which, she says, have prepared her perfectly for the CRO role. Switching people between the risk function and the wider business builds awareness of risk management through the whole organisation, she tells Lorna Davies


Bourke leaves Friends Life

Will take CFO role at Bupa